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The Bowling Green Independent Board of Education will hold a public hearing in the Bowling Green
Independent Board of Education’s Board meeting room, 1211 Center Street, on September 10, 2018,
at 6:00 P.M. for the purpose of hearing public comments regarding a proposed General Fund tax levy
for fiscal year 2018-2019 of 82.8 cents on real property and 82.8 cents on personal property.
The General Fund tax levied in fiscal year 2017-2018 was 82.8 cents on real property and 82.8 cents
on personal property and produced revenue of $12,091,210.53. The proposed General Fund tax
rate for fiscal year 2018-2019 of 82.8 cents on real property and 82.8 cents on personal property is
expected to produce $12,560,038.06. Of this amount, $323,099.15 is from new property and $1,259,890.59 is from
personal property. The General Fund compensating tax rate for fiscal year 2018-2019 is 79.7 cents on real property and
82.8 cents on personal property and is expected to produce revenue of $12,136,964.91.
The general areas to which revenue of $468,827.53 above fiscal year 2017-2018 revenue is to be allocated are as
follows: Instruction $367,811.53, Cost of Collection $9,377, and Building Fund $91,639.
The General Assembly has required publication of this advertisement and the information therein.